Stay Alert, Something Smells Fishy here!

[Sapiens]

Ok people, pay attention!

Don't know what to make of it, my contacts are not saying anything; everything is mum on the street.

I don’t know why the US Congress is hell-bent on annoying the Turks, but it seems to me that the financial action and scale the in$iders are planning on taking will be unprecedented.

I don't like the look of the latest head-lines, but pay attention to world affairs, since the distraction form our credit-contraction crisis will come from there.


http://www.bloomberg.com/apps/news?pid=20601087&sid=aLwipmmdQn6I&refer=home

Oct. 18 (Bloomberg) -- Bank of America Corp., the second- largest U.S. bank, plans to cut back investment banking after about $4 billion in trading losses, defaults and writedowns caused third-quarter profit to drop 32 percent, more than analysts estimated.





http://www.digitaljournal.com/article/241116/Bush_administration_hopeful_of_no_vote_on_Armenia_ genocide_bill
US President George W Bush's administration has become more hopeful that a congressional resolution condemning the deaths of more than 1 million Armenians as genocide will not come to a vote.

http://english.aljazeera.net/NR/exeres/6F3FE48E-E9D4-407A-8039-AD33B991767B.htm
Turkey denies Iraq incursion report

Turkey has denied a report that several thousand troops had been sent into northern Iraq to combat Kurdish separatists hiding there.

[Tet]

Ok people, pay attention!

Don't know what to make of it, my contacts are not saying anything; everything is mum on the street.

I don’t know why the US Congress is hell-bent on annoying the Turks, but it seems to me that the financial action and scale the in$iders are planning on taking will be unprecedented.

I don't like the look of the latest head-lines, but pay attention to world affairs, since the distraction form our credit-contraction crisis will come from there.


http://www.bloomberg.com/apps/news?pid=20601087&sid=aLwipmmdQn6I&refer=home





http://www.digitaljournal.com/article/241116/Bush_administration_hopeful_of_no_vote_on_Armenia_ genocide_bill


http://english.aljazeera.net/NR/exeres/6F3FE48E-E9D4-407A-8039-AD33B991767B.htm

Turkey owes the IMF about $9 billion, apparently Turkey is threatening to pay off this loan and the IMF/US are pretty pissed about it. China is offering Turkey a much better deal just in case you were wondering why the Dali Lama moonbat is being paraded about to piss off China. Follow the money, if Turkey pays off the next biggest loan the IMF holds is the Ukraine, things aren't looking good for the banksters.

[Sapiens]

Turkey owes the IMF about $9 billion, apparently Turkey is threatening to pay off this loan and the IMF/US are pretty pissed about it. China is offering Turkey a much better deal just in case you were wondering why the Dali Lama moonbat is being paraded about to piss off China. Follow the money, if Turkey pays off the next biggest loan the IMF holds is the Ukraine, things aren't looking good for the banksters.

Thanks Tet.

I was thinking that the Dalai Lama thing was about getting the Chinese to sell those peski US bonds...

-Sapiens

[Spartacus]

Good information, guys - thanks

Also, um....

Dali is the humorously-mustachioed artist

The Dalai Lama is the bald guy in the colorful Toga.

Turkey owes the IMF about $9 billion, apparently Turkey is threatening to pay off this loan and the IMF/US are pretty pissed about it. China is offering Turkey a much better deal just in case you were wondering why the Dali Lama moonbat is being paraded about to piss off China. Follow the money, if Turkey pays off the next biggest loan the IMF holds is the Ukraine, things aren't looking good for the banksters.

[Sapiens]

12 Turkish troops killed in rebel attack
http://news.yahoo.com/s/ap/20071021/ap_on_re_mi_ea/turkey_kurds

By VOLKAN SARISAKAL, Associated Press Writer
2 hours, 25 minutes ago



SIRNAK, Turkey - Kurdish rebels ambushed a military unit near Turkey's border with Iraq early Sunday, killing 12 soldiers and increasing pressure on the Turkish government to stage attacks against guerrilla camps in Iraq
Iraq's president, a Kurd, ordered Kurdish guerrillas to lay down their weapons or leave, but Turkey's deputy prime minister said words were no longer enough: "We are expecting concrete steps from them."

The soldiers died when rebels blew up a bridge as a 12-vehicle military convoy was crossing it, less than three miles from the Iraq border,



Well, now that presents a problem...

[Sapiens]

http://www.guardian.co.uk/worldlatest/story/0,,-7020347,00.html

Turkey Shells Kurd Rebels in Iraq

Wednesday October 24, 2007 12:01 PM


By SELCAN HACAOGLU

Associated Press Writer

ANKARA, Turkey (AP) - Turkish troops have shelled suspected Kurdish rebel positions in Iraq, a government official said Wednesday, as military and civilian leaders were expected to discuss the scope and duration of a cross-border incursion.

Turkish artillery units were shelling rebel positions as late as Tuesday night in northern Iraq, a government official said on condition of anonymity, because he was not authorized to speak to the media. The strikes were in retaliation for a rebel ambush on Sunday that killed 12 soldiers and apparently led to the capture of eight.

[Rajiv]

Who's Behind the PKK? (http://antiwar.com/justin/?articleid=11828)

In a word: Washington

The recent threat by the Turks to invade Iraq in hot pursuit of PKK terrorists has the administration scrambling to appease Ankara and stave off a major blow to the claim that the U.S. occupation has provided "stability" to the region. Kurdistan, after all, has been touted up until now as a model of peace, prosperity, and unalloyed happiness – a foretaste of the country's golden future, provided "defeatists" in the U.S. don't pull the rug out from under our imminent victory. To see this veritable utopia smashed by Turkish force of arms would be a disaster for Washington – but even worse would be the revelation of how we got ourselves into this wholly untenable position to begin with. Worse, that is, for whoever would be indicted and prosecuted for pulling off what may turn out to be one of the most ambitious, and dangerous, "rogue" operations since Iran-Contra.

The serial numbers of arms captured from PKK fighters have been traced back to U.S. shipments to Iraqi military and police units. Responding to Turkish complaints, the Americans claim these arms were diverted by the Iraqis – presumably the Kurdish regional government – but the Turks aren't buying it: if the large quantity of U.S.-made arms (1,260 seized so far) turns out to have been directly provided to the PKK by the Americans, Foreign Minister Abdullah Gul warned, U.S.-Turkish "relations would really break apart."